CHENNAI: The Central Bank of Sri Lanka has penalised state-owned Indian Bank for failing to conform to the provisions of Financial Transactions Reporting Act. It has imposed a penalty of Sri Lankan rupees 2 million, which is approximately Rs 5.8 lakh, Indian Bank told bourses. Source link
NEW DELHI: The Adani Group, that operates airports in seven cities, including Mumbai and is building a greenfield one at Navi Mumbai, is expanding its presence in the aviation space. It is acquiring India’s biggest private sector MRO (maintenance, repair & overhaul) player Air Works for an enterprise value of Rs 400 crore. Adani Defence…
MUMBAI: The BSE on Monday suspended trading in the stocks of Bharat Global Developers after a Sebi investigation found that an over 10,000% rise in its price between Nov 2023 and Nov 2024 was on the back of false stock exchange disclosures that benefited only a handful of investors directly linked to the company’s management….
NEW DELHI: The finance ministry has told Parliament that the Centre’s thrust is on improving the quality of public spending, while strengthening the social security net for the poor and needy.In the statement on deviation from the Fiscal Responsibility and Budget Management (FRBM) Act targets, the ministry also said that govt remained committed to pursue…
NEW DELHI: Japanese companies Honda and Nissan’s plans to merge operations in view of tough business challenges may not only impact their global operations but may prove to be a tough road to navigate in India, especially in view of their independent large production set-ups and presence of Renault of France as an alliance partner…
NEW DELHI: The Adani Group, that operates airports in seven cities including Mumbai and is building a greenfield one at Navi Mumbai, is expanding its presence in the aviation space. It is acquiring India’s biggest private sector MRI (maintenance, repair & overhaul) player Air Works for an enterprise value of Rs 400 crore. Adani Defence…
For the Katra-Baramulla route, an eight-coach Vande Bharat train with chair car seating will be introduced. (AI image for representative purpose) Indian Railways eyes two special trains for Jammu & Kashmir! Indian Railways plans to introduce two new train services to enhance Kashmir connectivity in the coming month.A centrally heated sleeper train will operate between…
The first stock market holiday of 2025 will be on February 26 for Mahashivratri celebrations. Stock market BSE, NSE holidays 2025: The stock exchanges in India have announced 14 trading holidays for 2025. In February, May, November and December there will be one holiday, while March and August will have two holidays each. April and…
Indian Railways is also developing domestic manufacturing capabilities for bullet trains. (AI image for representative purpose) India’s first bullet train design: India and Japan are close to finalising the design specifications for bullet trains on the Mumbai-Ahmedabad High-Speed Rail (MAHSR) Corridor, which will facilitate the tender process.The Japanese Shinkansen trains are undergoing modifications to suit…
According to market experts, Nifty’s crucial support level is now anticipated at 23,250. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, surged in trade on Monday morning. While BSE Sensex was above 78,600, Nifty50 was above 23,750. At 9:16 AM, BSE Sensex was trading at 78,629.72, up 588 points or…
